Enterprise
experienced a meaningful increase in activity from its existing customers
coupled with a substantial increase in the number of new customers. Although
activity during the year has increased, price reductions implemented throughout
the industry in 2015 and 2016 are still in place and competition continues to
be holding prices down. Enterprise's high level of service combined with its
expertise and specialized equipment has allowed the Company to successfully
navigate during this economic downturn.

Revenue
for the three months ended December 31, 2017 of $10,687,760 increased by
$2,361,114 or 28% compared to the prior period. Gross margin declined to 27%
and EBITDA increased to $2,566,045 for the three months ended December 31,
2017. Revenue for the year ended December 31, 2017 of $37,677,118 increased by
$8,953,533 or 31% compared to the prior period. Gross margin for the year ended
December 31, 2017 slightly increased to 25% when compared to the prior period.
EBITDA for the three months and year ended December 31, 2017 of $2,566,045 and
$7,039,984 respectively, increased from higher activity levels combined with
reductions in interest charges and general and administrative expenses when
compared to the prior period.

During
2017, the Company integrated and upgraded its financial and reporting systems
along with its rental fleet tracking and deployment system. Immediate
efficiencies and cost savings were experienced after implementing these
systems. Further enhancements to these systems will continue in 2018.

Over the
last 2 years, the Company has made significant improvements to its statement of
financial position and overall total debt. At December 31, 2017, after
adjusting for goodwill and deferred taxes, the Company has assets in excess of
total debt of approximately $51,000,000 or $0.92 per share. Enterprise will
continue to look for opportunities to improve its financial position and
opportunities that will allow the Company to diversify and expand.

About Enterprise Group, Inc.

Enterprise Group, Inc. is a
consolidator of construction services companies operating in the energy,
utility and transportation infrastructure industries. The Company's focus is
primarily construction services and specialized equipment rental. The Company's
strategy is to acquire complementary service companies in Western Canada,
consolidating capital, management, and human resources to support continued
growth. More information is available at the Company's website www.enterprisegrp.ca. Corporate filings can be found on www.sedar.com

Forward Looking
Information

Certain
statements contained in this news release constitute forward-looking
information. These statements relate to future events or the Company's future
performance. The use of any of the words "could", "expect",
"believe", "will", "projected",
"estimated" and similar expressions and statements relating to
matters that are not historical facts are intended to identify forward-looking information
and are based on the Company's current belief or assumptions as to the outcome
and timing of such future events. Actual future results may differ materially.
The Company's Annual Information Form and other documents filed with securities
regulatory authorities (accessible through the SEDAR website www.sedar.com) describe the
risks, material assumptions and other factors that could influence actual
results and which are incorporated herein by reference. The Company disclaims
any intention or obligation to publicly update or revise any forward-looking
information, whether as a result of new information, future events or
otherwise, except as may be expressly required by applicable securities laws.

Non-IFRS Measures

The
Company uses International Financial Reporting Standards ("IFRS").
EBITDAS is not a measure that has any standardized meaning prescribed by IFRS
and is therefore referred to as a non-IFRS measure. This news release contains
references to EBITDAS. This non-IFRS measure used by the Company may not be
comparable to a similar measure used by other companies. Management believes
that in addition to net income, EBITDAS is a useful supplemental measure as it
provides an indication of the results generated by the Company's principal
business activities prior to consideration of how those activities are financed
or how the results are taxed. EBITDAS is calculated as net income excluding
depreciation, amortization, interest, taxes and stock based compensation.

Disclaimer/Disclosure:Investorideas.com is a digital
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creates original content, including video, interviews and articles. Original
content created by investorideas is protected by copyright laws other than
syndication rights. Our site does not make recommendations for purchases or
sale of stocks, services or products. Nothing on our sites should be construed
as an offer or solicitation to buy or sell products or securities. All
investment involves risk and possible loss of investment. This site is
currently compensated for news publication and distribution, social media and
marketing, content creation and more. Contact each company directly regarding
content and press release questions. Disclosure is posted for each compensated
news release, content published /created if required but otherwise the news was
not compensated for and was published for the sole interest of our readers and
followers. More disclaimer info: http://www.investorideas.com/About/News/Clientspecifics.asp Disclosure:
Enterprise is a paid PR news and social media client effective January 2018 for
three months -five thousand per month

Additional
info regarding BC Residents and global Investors: Effective September 15 2008 -
all BC investors should review all OTC and Pink sheet listed companies for
adherence in new disclosure filings and filing appropriate documents with
Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors
must adhere to regulations of each country

St.
Albert, AB - March 6, 2018 (Investorideas.com Newswire) Enterprise Group,
Inc. (TSX:E) ("Enterprise," or "the
Company") is pleased to announce that it has entered into a non-binding
letter of intent for the sale of the assets of its trenchless solutions
business unit, Calgary Tunnelling & Horizontal Augering ("CTHA"),
to a private arm's length purchaser.

Pursuant
to the terms of the letter of intent, Enterprise proposes to sell all of the
assets relating to the business carried on by CTHA for total proceeds of
approximately $21 million, subject to certain adjustments for inventory and
working capital. All proceeds from the transaction would be used to reduce
Enterprise's debt. On completion of the transaction the Company will be net
debt free.

Enterprise
expects to complete the transaction on or about March 15. Completion of the
transaction is subject to negotiation of a definitive agreement, finalization
of satisfactory due diligence, obtaining third party consents and approvals and
other customary closing conditions.

Completion
of the transaction allows the company to pursue several attractive growth opportunities
in the specialty equipment rental space. Management intends to focus its
forward attention on the equipment rental sector.

Certain
statements contained in this news release constitute forward-looking
information. These statements relate to future events or the Company's future
performance. The use of any of the words "could", "expect",
"believe", "will", "projected",
"estimated" and similar expressions and statements relating to
matters that are not historical facts are intended to identify forward-looking
information and are based on the Company's current belief or assumptions as to
the outcome and timing of such future events. In particular, this news release
contains forward looking information relating to the proposed sale of CTHA, the
terms and timing of such transaction and the use of proceeds therefrom. These
forward-looking statements are based on assumptions and are subject to numerous
risks and uncertainties, certain of which are beyond the Company's control,
including the negotiation of a definitive agreement, obtaining all necessary
third party consents and approvals, satisfaction or waiver of closing
conditions, general economic conditions, industry conditions and competitive
factors. There is no assurance that the proposed transaction will be completed
on the terms set forth herein or at all. Actual future results may differ
materially. The Company's Annual Information Form and other documents filed
with securities regulatory authorities (accessible through the SEDAR
website www.sedar.com) describe the risks, material assumptions
and other factors that could influence actual results and which are
incorporated herein by reference. The Company disclaims any intention or
obligation to publicly update or revise any forward-looking information,
whether as a result of new information, future events or otherwise, except as
may be expressly required by applicable securities laws.

Disclaimer/Disclosure:Investorideas.com is a digital
publisher of third party sourced news, articles and equity research as well as
creates original content, including video, interviews and articles. Original
content created by investorideas is protected by copyright laws other than
syndication rights. Our site does not make recommendations for purchases or
sale of stocks, services or products. Nothing on our sites should be construed
as an offer or solicitation to buy or sell products or securities. All
investment involves risk and possible loss of investment. This site is
currently compensated for news publication and distribution, social media and
marketing, content creation and more. Contact each company directly regarding
content and press release questions. Disclosure is posted for each compensated
news release, content published /created if required but otherwise the news was
not compensated for and was published for the sole interest of our readers and
followers. More disclaimer info: http://www.investorideas.com/About/News/Clientspecifics.asp Disclosure:
Enterprise is a paid PR news and social media client effective January 12018
for three months -five thousand per month

Additional
info regarding BC Residents and global Investors: Effective September 15 2008 -
all BC investors should review all OTC and Pink sheet listed companies for
adherence in new disclosure filings and filing appropriate documents with
Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors
must adhere to regulations of each country

BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894